Dangote Refinery: Standard Bank Wants to Play a Major Role in Its IPO – La Nouvelle Tribune

Author: Cédric AmoussouPublished on: June 11, 2026Country: Nigeria

Business & Economy

Dangote Refinery: Standard Bank Wants to Play a Major Role in Its IPO – La Nouvelle Tribune

Standard Bank announced its intention to play a major role in the IPO of the Dangote refinery. CEO Sim Tshabalala said the bank wants to provide financial advisory services for this operation expected in Nigeria. This IPO could be one of the largest in Africa, as the refinery has a capacity of 650,000 barrels per day and started production in 2024.

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